A large number of people now decide to invest in a property overseas, either to use as a second home, or as somewhere to retire to. If you are looking at a beachfront property in belize a little homework is required beforehand. Rentals and purchases in this destination are readily available for your dream home on the beach.
Buying a villa or condo in Belize has many plus points due to its location and good climate. With Caribbean sea views, easy access and the fact that property values have increased over the past few years it is a very attractive option for many investors. Another benefit is that investors have the same rights in ownership and tenure as nationals which is not always the case in other countries.
Other attractions of this destination are that due to its first language being English the paperwork and contacts are easier to process. When importing possessions no tax is charged and this can save a great deal of money if you need to take furniture or kitchen appliances to your new home. Prices are nearly always quoted in dollars and this also make life a little easier as it takes away the need for currency conversions.
Before investing huge sums of cash in a new property, some people decide to take on a rental to make sure the destination is the right one which suits them. Renting in Belize, especially beach front, can be expensive with a 2 bed, 2 bathroom villa coming in at around two thousand dollars a night. When opting for a longer tenancy then discounts may be available depending on your agent's terms and conditions.
Before deciding to take the plunge and invest in your dream home on the beach it is very important to calculate your budget and stick to it. The prices for properties differ greatly depending on location and the standard of the building work. A small condominium will start at approximately 750,000 dollars rising to 3 million plus for more luxurious villas.
The internet is the best place to start when looking for an overseas property and there are many sites available with good reputations. After making a list of units that interest you it is worth contacting these companies either by email or telephone to ask any questions or for general advice. As with any property purchase you should always visit your potential new home prior to making any final decisions.
On arrival in Belize to look at your beach front home, it is good practice to employ a local lawyer to advise you and handle all legalities. Some of the internet companies will have their own legal people that will be available to you, but independent advice should always be sought. Many countries have quite specific rules on bank transfers over a certain amount and assistance may be needed in this matter.
One of the most important things that should be done before any contracts are signed is to open a bank account in the country. Any official documents such as life policies and driving licenses should also be checked to ensure they are still valid in Belize. When planning to bring a car into the country it is also worth speaking to your legal adviser to check on procedures and regulations.
Buying a villa or condo in Belize has many plus points due to its location and good climate. With Caribbean sea views, easy access and the fact that property values have increased over the past few years it is a very attractive option for many investors. Another benefit is that investors have the same rights in ownership and tenure as nationals which is not always the case in other countries.
Other attractions of this destination are that due to its first language being English the paperwork and contacts are easier to process. When importing possessions no tax is charged and this can save a great deal of money if you need to take furniture or kitchen appliances to your new home. Prices are nearly always quoted in dollars and this also make life a little easier as it takes away the need for currency conversions.
Before investing huge sums of cash in a new property, some people decide to take on a rental to make sure the destination is the right one which suits them. Renting in Belize, especially beach front, can be expensive with a 2 bed, 2 bathroom villa coming in at around two thousand dollars a night. When opting for a longer tenancy then discounts may be available depending on your agent's terms and conditions.
Before deciding to take the plunge and invest in your dream home on the beach it is very important to calculate your budget and stick to it. The prices for properties differ greatly depending on location and the standard of the building work. A small condominium will start at approximately 750,000 dollars rising to 3 million plus for more luxurious villas.
The internet is the best place to start when looking for an overseas property and there are many sites available with good reputations. After making a list of units that interest you it is worth contacting these companies either by email or telephone to ask any questions or for general advice. As with any property purchase you should always visit your potential new home prior to making any final decisions.
On arrival in Belize to look at your beach front home, it is good practice to employ a local lawyer to advise you and handle all legalities. Some of the internet companies will have their own legal people that will be available to you, but independent advice should always be sought. Many countries have quite specific rules on bank transfers over a certain amount and assistance may be needed in this matter.
One of the most important things that should be done before any contracts are signed is to open a bank account in the country. Any official documents such as life policies and driving licenses should also be checked to ensure they are still valid in Belize. When planning to bring a car into the country it is also worth speaking to your legal adviser to check on procedures and regulations.
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Get a detailed list of the advantages you get when you own beachfront property in Belize and more info about a reliable Realtor at http://veneziadelcaribe.com right now.
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